NEXT GENERATION BUSINESS POWERS SYSTEMS LTD vs TELECOMMUNICATION CONSULTANTS INDIA LTD

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment Pronounced on: 21.01.2025 + FAO(OS) (COMM) 61/2019 NEXT GENERATION BUSINESS POWERS SYSTEMS LTD ..... APPELLANT versus TELECOMMUNICATION CONSULTANTS INDIA LTD ..... RESPONDENT Advocates who appeared in this case: For the Appellant : Mr. T.S. Ahuja, Mr. Varun S Ahuja and Ms. Ridhi Kapoor, Advocates. For the Respondent : Mr. Ratan K Singh, Sr Advocate with Mr. Nikhlesh Krishnan, Ms. Ritika Priya, Mr. Abhishek Bhushan Singh, Advs. CORAM: HON'BLE THE ACTING CHIEF JUSTICE HON'BLE MS. JUSTICE TARA VITASTA GANJU JUDGMENT TARA VITASTA GANJU, J.: TABLE OF CONTENTS Preface………………………………………………………………….2 Contentions of the Appellant………………………………………….6 Contentions of the Respondent………………………………………..8 Analysis and Findings…………………………………………………11 Claim for Deducted Withheld Amount of Rs. 60.01 lacs with interest…………………………………………………………….11 1. The present Appeal has been filed by the Appellant under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996 [hereinafter referred to as “A&C Act”] against the judgement dated 22.01.2019 passed by the learned Single Judge of this Court in OMP (COMM) 17/2017 captioned Telecommunication Consultants India